Most Sector Leaders Up 1% to 4%

Most Sector leaders rose 1% to 4% Thursday, including one that solidified its recent breakout.

SS&C Technologies (SSNC) made a much more decisive move to new highs than it did when it first crossed its 34.54 buy point two days earlier.

On Thursday, it ramped up 1.55 to 36.05 in more than twice its usual volume.

The stock had formed a short handle and cleared a possible entry at 33.49 earlier this month. Weak volume and a tepid price increase made that breakout suspect. But SS&C shares went up anyway, and the stock now looks far more sure of itself.

LinkedIn (LNKD), which rose 8.18 to 196.57, is forming a new base with a potential buy point at 203.01.

The social website company has corrected as much as 21% the past few months in what now can be considered a sound base.

There's still not much accumulation in the pattern, but some tight price action in it is a positive sign. Some 900 funds own LinkedIn shares, including a few well-respected names such as Fidelity Magellan.

Yandex (YNDX) added 0.90 to 30.39 in more than double its average volume. The stock has become extended from its breakout past a 28.74 buy point Wednesday.

The operator of the largest Internet search engine in Russia notched its third straight gain in above-average volume.

Yandex has earned a spot as a Sector Leader in large part because of outstanding sales and earnings growth for many quarters. Sales increased 29% to 46% the past four quarters, while earnings per share vaulted 36% to 62%.

Priceline.com (PCLN) rose 18.03 to 910.35, as it also became extended from its latest buy point.

The travel-booking industry group was the top performer Friday, and Expedia (NASDAQ:EXPE) was a big part of the reason. It gapped out of a base to an all-time high after an upbeat Q2 report. Priceline (NASDAQ:PCLN) also gapped higher and was trading near a buy point. And Sabre (NASDAQ:SABR) broke ...

Stocks ended modestly lower in a choppy session Friday, but still ended higher on the week. The Nasdaq lost a fraction, while the S&P 500 edged down 0.2%. Hurt by losses in Chevron (NYSE:CVX) and ExxonMobil (NYSE:XOM), the Dow Jones industrial average fell 0.3%. Both oil giants reported lackluster ...

Two travel-related companies are breaking out Friday after issuing estimate-beating quarterly earnings: Expedia (NASDAQ:EXPE) and Royal Caribbean Cruises (NYSE:RCL). The travel site gapped up to a new high in huge volume in the stock market today, breaking out of a flat base with a 115.10 buy ...

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